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The Equitable Economy

Income Inequality

A $2.5 Trillion Question: What If Incomes Grew Like GDP Did?

Kathryn Edwards
Per capita GDP in the US grew 118 percent over the past 43 years. At the bottom 25th percentile, real income for full-time, full-year,...
ESG, Corporate Governance & Future of the Firm

Does a CEO Have a Duty to Lobby?

Luigi Zingales
We need not only more disclosure, but also more work in alerting people in general (and students in particular) about the distortive effects of...
Commentary

Should Whistleblower Reward Laws be Capped?

Stephen M. Kohn
The SEC is expected to approve a proposed rule change that could limit the amount of awards paid to whistleblowers, despite evidence that shows...
Income Inequality

The Economic Costs of Discriminating Against Top Talent: Insights From Nazi Germany

Kilian Huber
A new study looks at the discrimination of Jewish managers in Germany in the 1930s and shows how the rise of a discriminatory ideology...
Antitrust and Competition

Monopolies: Silent Spreaders of Poverty and Economic Inequality

James A. Schmitz Jr.
The Covid-19 crisis has exposed the vast inequalities that exist within the US economy. Monopoly power should be at the top of policymakers’ list...
Antitrust and Competition

The Monopoly Harms That Antitrust Keeps Missing

Hal Singer
In his new book Monopolized, journalist David Dayen tells the stories of individuals who have suffered at the hands of monopolists, showing the myriad...
Income Inequality

Police Stops of Black Drivers Increase Following Trump Rallies, New Study Suggests 

Pauline Grosjean
A new study looks into how Trump's 2016 presidential campaign affected police behavior toward Black Americans and finds that the probability that a Black...
ESG, Corporate Governance & Future of the Firm

How Hedge Fund Performance Fees Fail Investors

Itzhak Ben-David
In the hedge fund industry, there is a material disconnect between funds’ lifetime performance and lifetime incentive fees for managers. A new study analyzes...
Antitrust and Competition

More and More Employers Are Spying on Workers Online. Federal Regulators Are Okay With It

Robert Sprague
Employers today have numerous tools at their disposal to monitor workers’ behavior and communications. Outdated federal regulations and an administration that prioritizes employers’ interests...
ESG, Corporate Governance & Future of the Firm

Do People Think Finance Benefits Society?

Manish Jha
A new paper seeks to measure popular sentiment toward finance based on mentions of “finance” in millions of books, spanning eight languages and hundreds...
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ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.